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Internet Computer to Azerbaijani Manat Converter and calculator

Convert 1Internet Computer (ICP) to Azerbaijani Manat (AZN) equals ₼ 25.85 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Internet Computer(ICP) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 ICP at a value of 1 ICP for 25.85 AZN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

AZN information

About Azerbaijani Manat (AZN)

Azerbaijan's official currency is the Manat (AZN), which is commonly abbreviated as AZN and represented by the symbol ₼. The Manat is comprised of 100 qəpik, which are smaller units of currency.

Historical Background

The original Azerbaijani Manat was first issued in 1919 but was replaced by the Soviet Ruble in 1923. The reintroduction of the Manat in 1992 was a significant step in post-Soviet Azerbaijan’s economic transformation. It signified the nation's departure from the Soviet economic system and was instrumental in laying the foundation for an independent monetary policy.

Design and Symbolism

The design of the Azerbaijani Manat incorporates elements that reflect Azerbaijan’s history, culture, and economic aspirations. Banknotes and coins feature prominent Azerbaijani figures, architectural landmarks, and symbols representing the country's rich cultural heritage and natural resources. These designs serve not only as a medium for financial transactions but also as reminders of the nation's unique identity and pride.

Economic Role

The Manat plays a central role in Azerbaijan’s economy, which is heavily influenced by oil and natural gas production. As the primary currency, it underpins the energy sector, which dominates the economy, and facilitates other key sectors like agriculture, manufacturing, and tourism. The stability of the Manat is crucial for the country's economic health and investor confidence.

Monetary Policy and Stability

Managed by the Central Bank of Azerbaijan, the Manat has experienced various challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and foster a healthy economic environment conducive to growth and investment.

International Trade and the Azerbaijani Manat

In international trade, the stability of the Manat is crucial, particularly for Azerbaijan’s oil and gas exports. A stable Manat is vital for maintaining competitive prices in global markets and for managing the import of goods and services.

Remittances and Economic Impact

Remittances from Azerbaijanis living abroad, particularly in Russia, Turkey, and Europe, are a significant source of foreign income. These remittances, converted into Manats, support families and contribute to the national economy, providing a vital economic buffer.

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Bitget crypto-to-fiat exchange data shows that the most popular Internet Computer currency pair is the ICP to AZN, with for Internet Computer's currency code being ICP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

ICP to AZN conversion rate trend

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In the past 1D, Internet Computer has changed +12.08% to AZN. Based on the trend and price charts, Internet Computer(ICP) has changed +12.08% to AZN while Azerbaijani Manat(AZN) has changed % to ICP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₼25.64
0.0001% / 0.0004%vip-iconVIP
Binance
₼25.83
0.1000% / 0.1000%
Yes
Coinbase Exchange
₼25.82
0.1000% / 0.1000%
Yes
OKX
₼25.83
0.080% / 0.100%
Yes
Huobi
₼25.84
0.1000% / 0.1000%
Yes
Gate.io
₼25.83
0.1000% / 0.1000%
Yes
Bybit
₼25.81
0.1000% / 0.1000%
Yes
KuCoin
₼25.83
0.1000% / 0.1000%
Yes
Bitfinex
₼25.5
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:35(UTC+0)

What factors influence the conversion rate of Internet Computer to Azerbaijani Manat?

Internet Computer to Azerbaijani Manat is rising this week.
Internet Computer's current market price is ₼ 25.85 per ICP, with a total market cap of ₼ 11,964,606,434.08 AZN based on a circulating supply of 462,893,730 ICP. The trading volume of Internet Computer has changed by +11.75% (₼ 37,562,340.78 AZN) in the last 24 hours. Last trading day, ICP's trading volume was ₼ 319,562,549.66.
Market cap
$7.04B
24h volume
$210.07M
Circulating supply
462.89M ICP

Conversion tables

The exchange rate of Internet Computer is increasing.
1 ICP is currently valued at ₼ 25.85 AZN , which means buying 5 ICP will cost ₼ 129.24 AZN . Similarly, ₼1 AZN can be traded for 0.03869 ICP, and ₼50 AZN can be converted to 1.93 ICP, excluding any platform or gas fees.
The exchange rate of 1 ICP to Azerbaijani Manat has changed by +14.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.08%, reaching a high of 25.88 AZN and a low of 22.79 AZN . One month ago, the value of 1 ICP was ₼ 20.88 AZN , which represents a +23.76% change from its current value. Over the last year, Internet Computer has changed by
+
0.8540AZN
, resulting in a change of +166.49% in its value.

ICP to AZN

Amount
16:16 today
0.5 ICP
12.92
1 ICP
25.85
5 ICP
129.24
10 ICP
258.47
50 ICP
1,292.37
100 ICP
2,584.74
500 ICP
12,923.71
1000 ICP
25,847.42

AZN to ICP

Amount16:16 today
0.5AZN0.01934  ICP
1AZN0.03869  ICP
5AZN0.1934  ICP
10AZN0.3869  ICP
50AZN1.93  ICP
100AZN3.87  ICP
500AZN19.34  ICP
1000AZN38.69  ICP
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Today vs. 24 hours ago

Amount16:16 today24 hours ago24h change
0.5 ICP$7.6$6.78
+12.08%
1 ICP$15.2$13.57
+12.08%
5 ICP$76.02$67.83
+12.08%
10 ICP$152.04$135.65
+12.08%
50 ICP$760.22$678.27
+12.08%
100 ICP$1,520.44$1,356.53
+12.08%
500 ICP$7,602.18$6,782.67
+12.08%
1000 ICP$15,204.36$13,565.34
+12.08%

Today vs. 1 month ago

Amount16:16 today1 month ago1M change
0.5 ICP$7.6$6.14
+23.76%
1 ICP$15.2$12.28
+23.76%
5 ICP$76.02$61.42
+23.76%
10 ICP$152.04$122.84
+23.76%
50 ICP$760.22$614.2
+23.76%
100 ICP$1,520.44$1,228.4
+23.76%
500 ICP$7,602.18$6,141.99
+23.76%
1000 ICP$15,204.36$12,283.99
+23.76%

Today vs. 1 year ago

Amount16:16 today1 year ago1Y change
0.5 ICP$7.6$2.85
+166.49%
1 ICP$15.2$5.7
+166.49%
5 ICP$76.02$28.51
+166.49%
10 ICP$152.04$57.02
+166.49%
50 ICP$760.22$285.1
+166.49%
100 ICP$1,520.44$570.2
+166.49%
500 ICP$7,602.18$2,851
+166.49%
1000 ICP$15,204.36$5,701.99
+166.49%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.